Mirion Technologies Inc reports results for the quarter ended in September - Earnings Summary

Mirion Technologies

02/11/2023 11:09

* Mirion Technologies Inc  MIR.N  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of 3 cents.  The mean expectation of
three analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 4 cents to 6
cents per share.
    * Revenue rose 18.8% to $191.20 million from a year ago;
analysts
expected $178.57 million. 
    * Mirion Technologies Inc's reported EPS for the quarter was
a
loss of 6 cents​.
    * The company reported a quarterly loss of $12.1 million.
    * Mirion Technologies Inc shares had fallen by 9.5% this
quarter and gained 2.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Mirion
Technologies Inc is $11.00 
This summary was machine generated from LSEG data November 2 at
11:09 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.05           0.05           Met
 Jun. 30 2023      0.06           0.08           Beat
 Mar. 31 2023      0.05           0.06           Beat
 Dec. 31 2022      0.12           0.11           Missed